PancakeSwap Price Prediction for Today, October 30: CAKE Under Bulls’ Momentum
Join Our Telegram channel to stay up to date on breaking news coverage Buyers opposed sellers at $4.0 Level in the CAKE market CAKEUSD Price Analysis – October 30 An increase in the buyers’ momentum will break up the resistance level of $4.8 and PancakeSwap may increase to the resistance at $5.0 and $5.5 levels. Should the sellers break down the support level of $4.6, price may decrease to $4.3 and $4. 1 support levels . CAKE/USD Market Key levels: Resistance levels: $4.8, $5.0, $5.5 Support levels: $4.6, $4.3, $4.1 CAKEUSD Long-term trend: Bullish PancakeSwap is bullish in the daily chart. A strong bearish momentum sent the price to the low at the support level of $4.0 on October 13. The buyers reacted against the sudden fallen in price of Cardano: this is noticed on the daily chart with the formation of long tailed pin bar at $4.1 support level. The price increases further with the formation of more bullish candles. The price has broken up the resistance leve...